Quote:
Originally Posted by steeljack
Don't you think it's ironic that "Quality" British companies such as Wedgewood-Waterford-Royal Doulton employ more production people in Indonesia than they do in the UK/Ireland
BBC NEWS | Business | Wedgwood goes into administration
Not wanting to sound elitist , but its been my habit and lots of other Brit exiles/expats I know that whenever friends kids have got engaged they allways get at least one pair of Waterford champagne flutes and when the wedding happened they usually got a bit of Wedgewood or Royal Doulton , (all B IG sellers in the US). The news that the stuff is just another cheap/tat import from the far-east will destroy any credibility these 'quality British names' had. |
I agree with you, the made in the far-east label on quality crystal and ceramics will lose it`s appeal as a quality gift.I have many items myself of Galway crystal which is a arm of Waterford.I believe the O reilly family are the major shareholders of Waterford Wedgwood and have recently pumped several hundred million euros into the company to keep it trading strongly believing that there is massive future potential only to resign their directorships due to the present situation with 400 million euro debt.I believe a New York based consortium have just recently showed interest in a possible buy but believe if this fails Goverments should temporarily bail this company out due to its forecast future potential.I also believe some of our great shipyards should have been given more help to ride the recessions,the Italians are now building large ships with similar wage structures to the Brits